Archive for September 18th, 2019

Business Briefs 18 Sep 2019

18-Sep-2019 Intellasia | | 9:10 AM

* Thang Long Air Services Corporation (Taseco) has sold 4.5 million shares of Taseco Air Services JSC (AST) to Stic Pan-Asia 4th Industry Growth Private Equity Fund, a South [...]
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Korea to develop anti-drone system amid standoff with North

Korea to develop anti-drone system amid standoff with North

18-Sep-2019 Intellasia | Reuters | 6:56 AM

South Korea is to invest 88 billion won ($74 million) to develop a weapons system by 2023 that can detect and strike drones, its procurement agency said on Tuesday, after [...]
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Asian shares mixed, HK skids after Moody’s downgrade

18-Sep-2019 Intellasia | AP | 6:02 AM

Shares were mixed in Asia on Tuesday, led by declines in Chinese benchmarks after the credit ratings agency Moody’s downgraded Hong Kong, citing the city’s recent [...]
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HK protests are growing smaller but more violent and ugly

18-Sep-2019 Intellasia | CNN | 6:02 AM

Dozens of people were injured Sunday in another night of violence in Hong Kong, as the city marked its fifteenth consecutive weekend of anti-government protests. Thousands of [...]
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Lam says PR firms declined to help restore HK’s image

18-Sep-2019 Intellasia | AP | 6:02 AM

Hong Kong leader Carrie Lam said Tuesday that the government had asked international public relations firms to help restore the city’s reputation, battered by months of [...]
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Eight injured after HK train derails at rush hour

18-Sep-2019 Intellasia | Reuters | 6:02 AM

A rare train derailment disrupted services in Hong Kong on Tuesday, the rail operator said, threatening commuter chaos during rush hour. The disruption to a usually seamless [...]
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HK legislator urges UN rights body to probe ‘police abuse’

18-Sep-2019 Intellasia | Reuters | 6:02 AM

A pro-democracy Hong Kong legislator called on the top UN human rights body on Monday to investigate what she said were “brutal crackdowns” and “police [...]
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HK leader Carrie Lam to hold dialogue aimed at easing tensions

18-Sep-2019 Intellasia | Reuters | 6:02 AM

Hong Kong’s leader, Carrie Lam, said on Tuesday she and her team would begin dialogue sessions with the community next week, while reiterating that violence that has [...]
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HK Airlines to reduce number of flights as protests take toll on carriers

18-Sep-2019 Intellasia | South China Morning Post | 6:02 AM

Hong Kong Airlines will cut 7 per cent of passenger flights until the end of the year as it responds to a sharp fall in demand that is deepening its financial problems. The [...]
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Stand up to Beijing, HK singer tells US lawmakers, companies

18-Sep-2019 Intellasia | Reuters | 6:02 AM

Hong Kong singer and activist Denise Ho wants US lawmakers and companies to criticise Beijing’s actions in Hong Kong, to help change the Chinese Communist Party’s [...]
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Budweiser to raise $4.8 billion in HK IPO, adds Singapore sovereign wealth fund GIC as investor

18-Sep-2019 Intellasia | South China Morning Post | 6:02 AM

Budweiser Brewing Company APAC said on Tuesday that it plans to raise up to $4.8 billion and add Singapore sovereign wealth fund GIC Private Limited as a cornerstone investor [...]
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HK lawmaker urges UN to probe growing ‘police brutality’

HK lawmaker urges UN to probe growing ‘police brutality’

18-Sep-2019 Intellasia | AFP | 6:02 AM

A Hong Kong lawmaker called Monday on the UN to launch an international investigation into a police crackdown on pro-democracy protests, voicing alarm at escalating [...]
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Train derails in HK during rush hour

Train derails in HK during rush hour

18-Sep-2019 Intellasia | AFP | 6:02 AM

A passenger train derailed during the morning rush hour in Hong Kong on Tuesday leaving eight people injured, authorities said. Images from the scene showed three carriages [...]
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HK leader Carrie Lam to meet public next week in first of dialogue sessions to defuse protest crisis

HK leader Carrie Lam to meet public next week in first of dialogue sessions to defuse protest crisis

18-Sep-2019 Intellasia | South China Morning Post | 6:02 AM

Hong Kong’s embattled leader is set to finally open talks with members of the public next week after months of anti-government protests, as she attempts to reconnect [...]
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US whistle-blower Edward Snowden ‘left HK because government resisted UN protection’

18-Sep-2019 Intellasia | South China Morning Post | 6:02 AM

American whistle-blower Edward Snowden has said he was forced to leave Hong Kong in 2013 because the city’s government resisted any United Nations efforts to grant him [...]
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